Dow break thru new high, Nasdaq break thru resistence of 2400, mild one ! and SnP contonue to head next resistence of 1185...
Dow break thru fibo 161.8% level, look promising..
7 days more to go close up March rally, will last week of March retrace as Mkt already overcook for 15 days ? will window dressing push the mkt higher or retrace before April ?
3 benchmark show a bit of tired in momentum.... so sentiment overall still positive.
DOW
Shot at 2010-03-23
S&P500
Shot at 2010-03-23
XLV, healthcare look promising, may head the previous Jan high.
Shot at 2010-03-23
Financial continue to lead the mkt, Citigroup been upgrade. Also heading towards 161% fibo level..
Shot at 2010-03-23
Disclaimer : i do not hold any one of the stock mentioned above
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